Buyers are staying on the sidelines amid a broad selloff in tech shares this 12 months. Shares of Fb mum or dad Meta are down greater than 30% this 12 months amid a troubling macro setting and weaker-than-expected outcomes.
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Fb mum or dad firm Meta was on Monday accused by EU regulators of failing to adjust to the bloc’s landmark antitrust guidelines over its just lately launched ad-supported social networking service.
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